Sen. Chris Van Hollen Wants To Give 130 Million Americans a Tax Cu
The Find Out Podcast
Find Out Media & Studio71
4.9 • 2K Ratings
🗓️ 17 March 2026
⏱️ 40 minutes
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| 0:00.0 | Hey, everybody, welcome back to the Find Out podcast. We've got a great show for you today. We have |
| 0:12.8 | Senator Chris Van Hollen, the senior senator from Maryland. Senator, it's great to have you |
| 0:16.9 | today. It's good to be back with you guys. Thanks. Yeah, we were just joking before that we |
| 0:21.0 | seem to see you every week or two, so we're glad to see you again. And there's always good |
| 0:25.4 | stuff to talk about. And I want to dive into this bill that you just released last week, |
| 0:31.0 | which is called the, sorry, I cannot see without my glasses oh the working americans tax cut the working |
| 0:40.0 | americans tax cut which has an oppressive uh number of sponsors uh and also groups that are endorsing |
| 0:46.4 | this so senator this is a unique bill from democrats you don't usually see like eliminating |
| 0:51.4 | taxes for a wide swath of people why don't you tell us what this bill is and |
| 0:56.1 | what it could do for people who are really getting squeezed by Trump's tariffs and a slowing |
| 1:02.5 | economy? Well, the fundamental idea behind this bill is exactly a recognition that people are working harder than ever and still being squeezed. |
| 1:14.3 | So people are making a paycheck, but because of the high costs and prices that they're facing, |
| 1:21.0 | they're just struggling to get by. And so this is the Working Americans Tax Cut Bill, |
| 1:25.8 | and the idea is essentially if you're making a living wage, |
| 1:31.0 | in other words, just enough to support yourself or yourself and the family, then you shouldn't be paying |
| 1:37.1 | federal income taxes. You should be essentially able to keep more of what you earn in order to pay your bills and, you know, |
| 1:47.0 | have a dignified life for yourself and your family. That's the fundamental idea. |
| 1:51.6 | 130 million Americans will benefit. They'll have a little bit more of their paycheck to keep. |
| 1:58.0 | It is fully paid for an offset by a surtax on millionaires, right? |
| 2:02.4 | Starting with a 5% tax on the first dollar over a million dollars a year. So if you're |
| 2:09.0 | making over a million dollars a year, on that first dollar over a million, you'll pay 5%. |
| 2:13.8 | It's a little escalating surtax. That's about $1.5 trillion, and it provides the revenue to |
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